#OrderTypes101 🎯 Master the Types of Orders on Binance 🚀
Understanding the different types of orders on Binance is essential for trading strategically and minimizing mistakes. It's not just about buying or selling: it's about knowing how and when to do it.
🔵 Market Order
Buy or sell at the current market price. It's fast, but doesn't guarantee the best price. Ideal for urgent executions.
🟡 Limit Order
You decide the price. It executes only if the market reaches that value. Perfect for having total control over your entry or exit.
🔴 Stop-Limit Order
Triggers a limit order when the price reaches a specific level (the “stop”). Useful for cutting losses or securing profits.
⚫ Stop-Market Order
Similar to the stop-limit, but executes as a market order. Prioritizes speed over precision.
📌 Knowing these tools makes you a more strategic and less emotional trader.
👉 Which one do you use most? Do you already apply stops in your trading?
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